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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Lear 🐝  😊 😞
Number: of 15058 
Subject: Re: DG DITM call options advice
Date: 04/03/2024 4:05 PM
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I’m holding my 65 strike January 2026 options. My remaining contracts were put into straight stock.

I have no thoughts on the short term but long term I think DG can continue to grow revenue and store count, and will generally benefit from the shift to groceries over dining out. I’m still hopeful margins will get close to their 2015-2019 range (before the COVID explosion) once the macro environment gets a little better for their core consumer, and once costs of shrink & debt service start to come down.

I’m a bit surprised at the amount of leverage others are using.
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